In today's global business environment of scarce resources, rapid rates of technological change, and rising capital requirements, the important question is no longer, “Shall we form a joint venture?” Now the questions are, “Which coopera‐tive arrangements are most appropriate for our...

The decision to make or buy product components or services must constantly be reevaluated as a firm's competitive position changes. But managers often fail to keep fine tuning these important relationships because they don't recognize the dangers of allowing their firm's vertical integration...

A small firm, like Key Pharmaceuticals, pioneers niche businesses by developing novel ways of delivering medicine to a patient's bloodstream—for example, nitroglycerine absorbed through adhesive pads on cardiac patients' chests. Key Pharmaceuticals is viewed as an ally by the large...

Who are your knowledge workers ? Do they know things that you don't?